Watchout for support breakdownThe stock is making an inverted cup and handle pattern and looks weak below 501 level.
ADANIENT trade ideas
ADANIENT - Trendline ObservationsTrendline Observation(s). A simple trendline breakdown on Hourly Chart of ADANI ENTERPRISES. SELL strictly below 500 -> 493, 489. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
[3BB] Adani Ent Short IdeaAs per the charts.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
Watchout for trendline breakoutThe stock looks good above 502.5 (safer above 507) level for further upmove.
ADANI ENT..long legged doji followed by bullish engulfing candleif takes out recent high
there is high probability of it touching 535.
stop loss should be low of doji candle.
or strict stop should be low of 1st January.
don't forget to like this post.
follow me to get updates.
have attached chart of my recent calls.
ADANI ENTERPRISES - In Pause ModeAdani Enterprises - Ready for New High in coming days,
Stay long as long as it stays above 470
ADANi ENT viewHello Traders
Adani ent stuck in traingle pattern , break on any side can give good move , levels mentioned on chart
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !
Options Trade Buy Jan CE Options @450.00 strike or Buy ATM CE Options and book it near 510
Good luck
ADANIENT LOOKING BULLISH BUT WILL NOT SUSTAIN RSI showing overbought.it seems it will fall but the wedge pattern showing bullish.
Dear Expert, please provide your view on this.
[Turtle] Adani Ent Sell ADANIENT20DEC450CE at 23.15
Stop Loss - Close it if AdaniEnt touches 500. (It will do madman run at the last week - Its manipulation fav!)
